Oniha told newsmen at the retreat that the passage of the bills into law would keep Nigeria on track to becoming among the best 20 economies in the world.

According to her, it will ensure that Nigeria remains a jurisdiction of choice for local and foreign investors.

“One of the ingredients necessary for achieving (economic growth), is a robust and stable financial services sector which provides a wide range of products and services,” Oniha said.

She added that the overall target was to have large number of diverse operators working with efficient infrastructure and protected through regulations and legislation, and that “it is within this context, that the strategic role of the Financial System Strategy (FSS2020) should be viewed”.